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CQ Pharmaceutical Holding Co (SZSE:000950) Cyclically Adjusted PS Ratio : 0.25 (As of May. 22, 2024)


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What is CQ Pharmaceutical Holding Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), CQ Pharmaceutical Holding Co's current share price is ¥5.88. CQ Pharmaceutical Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥23.43. CQ Pharmaceutical Holding Co's Cyclically Adjusted PS Ratio for today is 0.25.

The historical rank and industry rank for CQ Pharmaceutical Holding Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SZSE:000950' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.81   Max: 3.31
Current: 0.25

During the past years, CQ Pharmaceutical Holding Co's highest Cyclically Adjusted PS Ratio was 3.31. The lowest was 0.20. And the median was 0.81.

SZSE:000950's Cyclically Adjusted PS Ratio is ranked better than
63.64% of 66 companies
in the Medical Distribution industry
Industry Median: 0.385 vs SZSE:000950: 0.25

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

CQ Pharmaceutical Holding Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥11.436. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ¥23.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CQ Pharmaceutical Holding Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CQ Pharmaceutical Holding Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CQ Pharmaceutical Holding Co Cyclically Adjusted PS Ratio Chart

CQ Pharmaceutical Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.45 0.34 0.27 0.22

CQ Pharmaceutical Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.33 0.27 0.22 0.22

Competitive Comparison of CQ Pharmaceutical Holding Co's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, CQ Pharmaceutical Holding Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CQ Pharmaceutical Holding Co's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, CQ Pharmaceutical Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CQ Pharmaceutical Holding Co's Cyclically Adjusted PS Ratio falls into.



CQ Pharmaceutical Holding Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

CQ Pharmaceutical Holding Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.88/23.43
=0.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CQ Pharmaceutical Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CQ Pharmaceutical Holding Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.436/115.2271*115.2271
=11.436

Current CPI (Mar. 2024) = 115.2271.

CQ Pharmaceutical Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.423 98.200 1.670
201409 1.134 98.900 1.321
201412 0.961 99.000 1.119
201503 1.254 99.900 1.446
201506 1.563 99.500 1.810
201509 1.628 100.500 1.867
201512 1.194 100.600 1.368
201603 1.248 102.200 1.407
201606 0.932 101.400 1.059
201609 3.205 102.400 3.606
201612 3.496 102.600 3.926
201703 3.578 103.200 3.995
201706 3.446 103.100 3.851
201709 3.335 104.100 3.691
201712 3.140 104.500 3.462
201803 3.535 105.300 3.868
201806 3.509 104.900 3.854
201809 3.649 106.600 3.944
201812 4.243 106.500 4.591
201903 4.327 107.700 4.629
201906 5.173 107.700 5.535
201909 4.926 109.800 5.169
201912 5.353 111.200 5.547
202003 4.553 112.300 4.672
202006 5.102 110.400 5.325
202009 7.701 111.700 7.944
202012 8.749 111.500 9.041
202103 9.092 112.662 9.299
202106 8.186 111.769 8.439
202109 9.255 112.215 9.503
202112 9.638 113.108 9.819
202203 8.515 114.335 8.581
202206 10.356 114.558 10.417
202209 10.431 115.339 10.421
202212 10.016 115.116 10.026
202303 11.816 115.116 11.827
202306 11.208 114.558 11.273
202309 10.815 115.339 10.805
202312 12.651 114.781 12.700
202403 11.436 115.227 11.436

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


CQ Pharmaceutical Holding Co  (SZSE:000950) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


CQ Pharmaceutical Holding Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of CQ Pharmaceutical Holding Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CQ Pharmaceutical Holding Co (SZSE:000950) Business Description

Traded in Other Exchanges
N/A
Address
333 Jinshi Avenue, Yubei District, Chongqing, CHN, 400010
CQ Pharmaceutical Holding Co Ltd distributes pharmaceutical products. It is the fixed-point reserve unit for drug and medical equipment of the central and Chongqing industries. The pharmaceutical business sector covers hospitals, pharmaceuticals, healthcare products, hospital sales, commercial wholesale, retail chains, terminal distribution, warehousing logistics and supply chain value-added services. Geographically, the group operates through China.

CQ Pharmaceutical Holding Co (SZSE:000950) Headlines

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